Unemployment in Lee County Rises in December 1988
Charles Sinclair of the Illinois Department of Employment Security notes December unemployment in Lee County rose to 7.9 percent due to seasonal trends, while Ogle County fell to 6.7 percent and the Illinois rate declined to 6.2 percent. National unemployment dropped to five percent.
MENTIONED IN THIS ARTICLE
Lee County
Charles Sinclair
Illinois Department of Employment Security
IDES
Illinois
Sinclair
Ogle County
Lee
Ogle
Ides’ Information and Analysis
Major oil exporters gather for talks on market stability
London reports that the world's leading oil exporting nations met for the first time in nine months to discuss cooperation with OPEC and other producers. Technical experts prepared positions ahead of joint talks, aiming to stabilise prices and possibly lay groundwork for future production cuts. The non-OPEC delegations stressed market stabilization as a shared goal for both consumers and producers.
MENTIONED IN THIS ARTICLE
London
UPI
OPEC
Bush to visit China amid Sino-Soviet summit prep
President Bush will travel to China February 25 to reaffirm the U S relationship and meet Chinese leaders including Deng Xiaoping before a possible Sino-Soviet summit in spring. The trip follows his February 24 attendance at Emperor Hirohito's funeral in Tokyo and aims to maintain momentum in the foreign policy review.
MENTIONED IN THIS ARTICLE
Washington
UPI
Bush
China
White House
Marlin Fitzwater
Tokyo
Japan
Hirohito
Fitzwater
Beijing
U.S
Mikhail Gorbachev
Deng Xiaoping
Gorbachev
Warning on S and L crisis escalation risk cited by Wall
Washington officials urged swift action as the Bush administration and Congress faced pressure over reforms to resolve the savings and loan crisis. Bank Board Chairman M Danny Wall warned costs could rise to about 100 billion without more federal funding while Panetta assured depositors protection. A GAO report cited by The Washington Post blamed major accounting firms for missed fraud and mismanagement at failed thrifts.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Home Loan Bank Board
Bush
Congress
House Budget Committee
Leon Panetta
D-Calif
Federal Savings and Loan Insurance Corp
S&l
Bank Board
M. Danny Wall
Wall
Washington Post
General Accounting Office
Texas
GAO
Rotary International opens doors to women members world wide
Rotary International’s Council on Legislation voted to allow women to join any of its 23,900 chapters in 164 countries with bylaws permitting qualified women as of July 1, 1989. UPI reports the move follows later U.S. and Canada approvals since 1987 and could face a challenge at the May convention if 10 percent of clubs object.
MENTIONED IN THIS ARTICLE
Evanston, Ill
UPI
Rotary International
Council On Legislation
Service Club
International Service Organization
Singapore
Rotary Clubs
United States
Canada
Rotary
Seoul
Rochelle seeks federal funds for Route 38 work and bridge project
Rochelle officials presented plans to obtain about 250000 in federal funds to expand Illinois Route 38 to a four lane highway in two phases from Highway 251 to Interstate 39 with phase one bidding in October. City projects include Caron Road sidewalks traffic signals and a pedestrian crossing at Brookside Drive plus a South Main Street bridge rehabilitation costing over 500000 with the city contributing under 100000.
MENTIONED IN THIS ARTICLE
Louise Brassisi
Grapasta
Rochelle
Dixon
Illinois Department of Transportation
Federal Highway Funds
Jim Gross
Tom J. Simmons
Simmons
Caron Road
Lincoln Highway
Gail Loetgren
Brookside Drive
Caron Ridge
Highway 251
South Main Street
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UPI Photo
Ethics Law Reform
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Griffin Bell
Dan Quayle
Dent
Rotary Int